The insider sales are routine in size and pattern — no bearish signal. Monitor for any upcoming earnings or material agreements that could trigger a re-rating, but this filing alone does not warrant a trade.
Price Chart
Executive Summary
Four Upstart insiders, including the CFO, CLO, and President of Capital & Enterprise, sold a total of ~$583K in shares over a 7-day window. The sales are modest relative to the $3.0B market cap (~0.02%), and the cluster is dominated by C-suite and senior executives, but the dollar value is trivial. The cluster is a SELL, but per academic literature, insider sales are weak predictors and this cluster is likely liquidity-driven (vesting/10b5-1), not a bearish signal. The historical calibration shows strong positive alpha on prior UPST reports, but this specific event is routine and lacks materiality.
Key Financial Metrics
Key Facts
- Four insiders sold a total of ~$583K in UPST shares over 7 days
- Sales include CFO ($88K), CLO ($216K), President of Capital & Enterprise ($251K), and a VP ($27K)
- Total sales represent ~0.02% of UPST's $3.0B market cap — trivial
- No insider purchases in the cluster; net direction is selling
Financial Impact
~$583K in insider sales, ~0.02% of market cap — immaterial
Risk Factors
- Insider sales could accelerate if the stock rallies, but current volume is trivial
- No insider buying to offset the selling — lack of conviction buys is a mild negative
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-UPST-1787868084735 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 21d ago | Insider Cluster | $25.59 $25.00 | ▼ −2.31% | ▼ −2.08% | $23.02 (−10.04%) |
Aug 27, 2026 5w ago | Insider Cluster | $29.08 $28.05 | ▼ −3.54% | ▼ −3.65% | $23.02 (−20.84%) |
Aug 21, 2026 5w ago | Insider Cluster | $29.89 $28.68 | ▲ +4.05% | ▲ +4.52% | $23.02 (+22.98%) |
Aug 19, 2026 6w ago | Insider Cluster | $30.60 $30.47 | ▼ −0.42% | ▼ −0.04% | $23.02 (−24.77%) |
May 27, 2026 18w ago | Insider Cluster | $32.69 $32.27 | ▼ −1.28% | ▼ −1.60% | $23.02 (−29.58%) |
May 20, 2026 19w ago | 144 | $28.85 $32.69 | ▲ +13.31% | ▲ +11.71% | $23.02 (−20.21%) |
May 19, 2026 19w ago | 8-K | $28.08 $30.45 | ▲ +8.44% | ▲ +6.19% | $23.02 (−18.02%) |
May 18, 2026 19w ago | Insider Cluster | $28.08 $30.45 | ▲ +8.44% | ▲ +6.19% | $23.02 (−18.02%) |
May 15, 2026 19w ago | 144 | $27.94 $30.62 | ▲ +9.59% | ▲ +7.97% | $23.02 (−17.61%) |
May 7, 2026 21w ago | Insider Cluster | $29.00 $29.71 | ▲ +2.45% | ▲ +0.15% | $23.02 (−20.62%) |
US Market Status
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